904 Main St, Laurens, SC 29360

2,225 SF | Retail Building | Laurens, SC 29360 | $1,439,000 ($647/SF) | 5.35% Cap Rate

Asking Price $1,439,000

Property Type
Retail, Restaurant
Square Feet
2,225 SF
Price / Square Foot
$647

Listing Contacts

David Hoppe
David Hoppe
  • Property Info

Property Overview

Attractive Lease Fundamentals
- 10% rent increases every 5 years and during option periods
- Absolute NNN ground lease with no early termination clause
- Four (4) - Five (5) year option periods
Fronting a Major Commuter Rd
- E. Main St has over 13k vehicles per day
- Main commuter route connecting Laurens, SC and Clinton, SC
- E. Main St. provides direct access to Lauren County Hospital (90 Beds) - 3.2 Miles
Located in Commercial Hub
- Over 822k SF of retail space in a 1-mile radius
- National tenants include: Starbucks, Sonic, Pizza Hut, MoD Wash, Walgreens, and Zaxby’s
Nearby Major Retailers
- Located in front of a Walmart Super Center (1.8M visits in trailing 12 months)
- Across the street from Ingles market (8th best preforming store in NC) and Belk Outlet
Name Brand Tenant
- Taco Bel is located in all 50 states and has over 7,800 total locations
- Taco Bell serves over 4.2M customers weekly

Property Details

Class
B
Year Built
2017
Stories
1
Property Subtype
Freestanding, Storefront
Lot Size (sq. ft)
20,909 SF

Highlights

  • Attractive Lease Fundamentals
  • Walmart Supercenter Out-Parcel
  • Greenville MSA

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